NewFortress Energy 2Q23 Results

$/MMBtu Construction Update Fast LNG's rapid development & deployment(10) generates significant value $18.00 $16.00 $14.00 $12.00 $10.00 $8.00 $6.00 $4.00 Deploying (10) FLNG now creates significant value vs. the market (~$1.5bn (16) over 3 years) Forward TTF Curve Avg. FLNG cost Jan-24 Jun-24 ~$1.5bn (16) over 210 TBtus over 3 years Nov-24 Apr-25 Sep-25 Feb-26 Jul-26 Dec-26 $$ FLNG produces LNG at significant cost savings to market over the next 3 years Operational flexibility to manage supply & demand imbalances at our terminals 9

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